200 S Snyder StMarcellusMI49067
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Marcellus at 200 S Snyder St, Marcellus, MI, 49067 priced at $149,000 pairs $1,127/mo rent with $145/mo cash flow after a $729/mo payment. Total monthly income equals $1,127/mo, and annual cash flow comes to $1,736/yr on $49,394 invested. Return on cash invested is 23.42% in year one, and rental yield stands at 9.08% on a $149,000 basis. Equity gained on principal adds $961/yr, and 5% annual appreciation accumulates to $41,166 by year five. Five-year ROI measures 122.23% and total cumulative return in cash reaches $60,376. For financing, Ziffy Mortgage’s DSCR program evaluates $1,127/mo property income against a $729/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1988
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49067, Marcellus, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,103 (100%) |
| Owner Occupied HU | 1,481 (70.4%) |
| Renter Occupied HU | 249 (11.8%) |
| Vacant Housing Units | 373 (17.7%) |
| Median Home Value | $218,581 |
| Average Home Value | $257,004 |
Housing Distribution
Address Breakdown
Residential
1,710
Single Family
1,688
Multi-Family
22
Businesses
79
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